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RockPort Global’s Donald Gunn: $500K GPB Complaint
Investor complaints disclosed on Tampa broker Donald Gunn’s (CRD# 1442917) BrokerCheck report allege fraud and other forms of misconduct relating to investments in GPB Capital and other products. Financial Industry Regulatory Authority records show that he is a representative of International Assets Advisory, doing business as RockPort Global.
Mr. Gunn’s BrokerCheck report discloses six investor complaints. The most recent, filed in March 2021, alleges negligence, violation of Florida securities law, and common law fraud regarding investments in GPB Capital. The pending complaint alleges damages of $500,000. A comment on the disclosure states that “There are no allegations against Donald Gunn nor is he mentioned in the statement of claim.”
A complaint filed in 2013 alleged “excessive and unnecessary concentrated positions in volatile penny stocks with no downside protection,” fraud, breach of fiduciary duty, negligent misrepresentation, negligent supervision, and false and misleading statements. In 2015 the complaint reached a settlement of $52,500. A comment on the disclosure states that Mr. Gunn “was not the primary representative” for the customers’ accounts, that he “had few, if any, dealings” with them regarding their investments, and that he was included in the arbitration claim because he was listed as a joint representative on the accounts in question.
A complaint filed in 2010 similarly alleged breach of contract, breach of fiduciary duty, and failure to supervise, ultimately reaching a settlement of $12,339.04. A statement on the disclosure asserts that Mr. Gunn was “not a direct subject” of the complaint and was named in it “solely because of his role as president” at the firm, Gunnallen Financial.
According to the Financial Industry Regulatory Authority, Donald Gunn holds 36 years of securities industry experience. Based in Tampa, Florida, he has been a broker and investment advisor with International Assets Advisory since 2011, doing business as RockPort Global. His past registrations include Anderson & Strudwick (Tampa, Florida; 2010-2011), J.P. Turner & Company (Tampa, Florida; 2010), Gunnallen Financial (Tampa, Florida; 1997-2010), Sovereign Equity Management Corp (Deerfield Beach, Florida; 1995-1997), W.J. Gallagher & Company (Pasadena, California; 1995), Chatfield Dean & Company (Greenwood Village, Colorado; 1990-1995), and the Stuart-James Company (Denver, Colorado; 1986-1990). His credentials include the passage of four securities industry qualifying exams: the General Securities Principal Examination, or Series 24; the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; and the Uniform Securities Agent State Law Examination, or Series 63. He holds 34 state licenses. (Information current as of June 23, 2022.)
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